That OH State Budget Gap? Probably Bigger than Projected Says Key State Senator
Senator Chris Widener: "We have medicaid spending over the last three years that's escalated to the point of an additional billion dollars, and there's about a dozen of those items, what we call spending pressures, that have to be addressed that are not a part of the $8.5 billion dollars of one-time money."
Senator Chris Widener says his fellow Republicans will start trying to fill the money hole by cutting spending. Governor-elect John Kasich has vowed there won't be any tax hike, but one of his most powerful allies, the Ohio Chamber of Commerce, is suggesting that higher taxes may be needed as a relatively small part of a huge budget-balancing package of spending cuts and government streamlining.